Red Rooster, 231-233 Ferntree Gully Road, Mount Waverley, Vic 3149

Stonebridge is pleased to present 'Red Rooster Mount Waverley' for sale via Expressions of Interest closing Wednesday 24 June 2026 at 3pm (AEST).

The asset has the following key investment features:

   -  Land-rich 2,473 sqm* corner landholding zoned General Residential, offering exceptional underlying land value and long-term redevelopment flexibility

   -  Commanding 154m* of triple street frontage with exceptional exposure to 40,000+ vehicles daily* on Ferntree Gully Road and Stephensons Road, full drive-thru configuration, 24 on-title car parks plus loading bay, with multiple entry and exit points  

   -  Immediately adjacent to Bunnings Warehouse (150m*) within an established national retail corridor including Coles, Kmart, Aldi + more

   -  New 12-year NET lease to Red Rooster Foods Pty Ltd (Craveable Brands) to 30 June 2037, plus 1 x 5-year option to 2042, with fixed 3% annual rent increases

   -  Proven fast food trading location of 40+ years in one of metropolitan Melbourne's most tightly held and affluent inner-east suburbs — median house prices exceeding $1.6M* and one of Victoria's highest household income profiles

   -  Red Rooster (Craveable Brands) — iconic Australian QSR brand operating 580+ restaurants nationally, serving 1 million+ customers weekly, founded in 1972

   -  Tightly held blue-chip inner-east Melbourne location, 17km from the Melbourne CBD, within the City of Monash — one of Victoria's largest LGAs with 210,000+ residents

   -  Stamp duty exempt*

   -  Net Income $323,500 pa* + GST (as at 1 July 2026)

'Red Rooster Mount Waverley' is for sale via Expressions of Interest closing Wednesday 24 June 2026 at 3pm (AEST).

 Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

  Our Ref: National Portfolio, Fast Food & Pad Sites

Property Code: 1721